$SNCR
SYNCHRONOSS TECHNOLOGIES INC Stock $sncr

$sncr Overview Financials Valuation SEC Filings Company Website

2013 Q1 Form 10-Q Financial Statement

#000110465913037153 Filed on May 03, 2013

Income Statement

Concept	2013 Q1	2012 Q1
Revenue	$78.28M	$64.56M
YoY Change	21.25%	22.04%
Cost Of Revenue	$32.13M	$28.62M
YoY Change	12.26%	16.29%
Gross Profit	$46.15M	$35.94M
YoY Change	28.4%	26.99%
Gross Profit Margin	58.95%	55.67%
Selling, General & Admin	$14.65M	$10.39M
YoY Change	41.02%	3.9%
% of Gross Profit	31.75%	28.91%
Research & Development	$16.72M	$12.88M
YoY Change	29.84%	27.49%
% of Gross Profit	36.23%	35.83%
Depreciation & Amortization	$8.969M	$5.171M
YoY Change	73.45%	52.09%
% of Gross Profit	19.44%	14.39%
Operating Expenses	$31.37M	$23.27M
YoY Change	34.83%	-11.54%
Operating Profit	$201.0K	$8.282M
YoY Change	-97.57%	314.1%
Interest Expense	$232.0K	$239.0K
YoY Change	-2.93%	-339.0%
% of Operating Profit	115.42%	2.89%
Other Income/Expense, Net	-$300.0K	$0.00
YoY Change
Pretax Income	-$203.0K	$8.455M
YoY Change	-102.4%	428.44%
Income Tax	-$679.0K	$2.972M
% Of Pretax Income		35.15%
Net Earnings	$476.0K	$5.483M
YoY Change	-91.32%	5383.0%
Net Earnings / Revenue	0.61%	8.49%
Basic Earnings Per Share	$0.01	$0.14
Diluted Earnings Per Share	$0.01	$0.14
COMMON SHARES
Basic Shares Outstanding	38.12M shares	38.10M shares
Diluted Shares Outstanding	39.09M shares	39.26M shares

Balance Sheet

Concept	2013 Q1	2012 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$66.50M	$130.5M
YoY Change	-49.04%	-30.84%
Cash & Equivalents	$51.12M	$75.10M
Short-Term Investments	$15.40M	$55.40M
Other Short-Term Assets	$24.00M	$17.20M
YoY Change	39.53%	25.55%
Inventory
Prepaid Expenses
Receivables	$69.46M	$58.70M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$160.0M	$206.3M
YoY Change	-22.45%	-15.83%
LONG-TERM ASSETS
Property, Plant & Equipment	$64.02M	$36.60M
YoY Change	74.93%	8.93%
Goodwill	$126.1M
YoY Change
Intangibles	$105.9M
YoY Change
Long-Term Investments	$600.0K	$26.80M
YoY Change	-97.76%	119.67%
Other Assets	$3.698M	$12.80M
YoY Change	-71.11%	-34.02%
Total Long-Term Assets	$307.3M	$193.6M
YoY Change	58.74%	54.76%
TOTAL ASSETS
Total Short-Term Assets	$160.0M	$206.3M
Total Long-Term Assets	$307.3M	$193.6M
Total Assets	$467.3M	$399.9M
YoY Change	16.85%	8.02%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$6.342M	$5.300M
YoY Change	19.66%	-32.91%
Accrued Expenses	$30.65M	$17.20M
YoY Change	78.22%	47.01%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$69.89M	$32.90M
YoY Change	112.44%	1.86%
LONG-TERM LIABILITIES
Long-Term Debt	$9.300M	$9.200M
YoY Change	1.09%	0.0%
Other Long-Term Liabilities	$3.700M	$8.400M
YoY Change	-55.95%	-65.15%
Total Long-Term Liabilities	$3.700M	$17.60M
YoY Change	-78.98%	-47.15%
TOTAL LIABILITIES
Total Short-Term Liabilities	$69.89M	$32.90M
Total Long-Term Liabilities	$3.700M	$17.60M
Total Liabilities	$73.59M	$50.50M
YoY Change	45.73%	-23.02%
SHAREHOLDERS EQUITY
Retained Earnings	$98.94M
YoY Change
Common Stock	$355.8M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)	$67.49M
YoY Change
Treasury Stock Shares	3.824M shares
Shareholders Equity	$384.4M	$349.4M
YoY Change
Total Liabilities & Shareholders Equity	$467.3M	$399.9M
YoY Change	16.85%	8.02%

Cashflow Statement

Concept	2013 Q1	2012 Q1
OPERATING ACTIVITIES
Net Income	$476.0K	$5.483M
YoY Change	-91.32%	5383.0%
Depreciation, Depletion And Amortization	$8.969M	$5.171M
YoY Change	73.45%	52.09%
Cash From Operating Activities	$15.20M	$6.600M
YoY Change	130.3%	-1.49%
INVESTING ACTIVITIES
Capital Expenditures	$10.96M	$4.873M
YoY Change	124.99%	-252.28%
Acquisitions		$14.00K
YoY Change
Other Investing Activities	$4.800M	$700.0K
YoY Change	585.71%	-107.0%
Cash From Investing Activities	-$6.200M	-$4.100M
YoY Change	51.22%	-68.94%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	6.100M	3.000M
YoY Change	103.33%	-71.43%
NET CHANGE
Cash From Operating Activities	15.20M	6.600M
Cash From Investing Activities	-6.200M	-4.100M
Cash From Financing Activities	6.100M	3.000M
Net Change In Cash	15.10M	5.500M
YoY Change	174.55%	37.5%
FREE CASH FLOW
Cash From Operating Activities	$15.20M	$6.600M
Capital Expenditures	$10.96M	$4.873M
Free Cash Flow	$4.236M	$1.727M
YoY Change	145.28%	-82.56%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2013Q1	us-gaap	Liabilities Current LiabilitiesCurrent	69894000	USD
CY2012Q4	us-gaap	Liabilities Current LiabilitiesCurrent	74871000	USD
CY2012Q4	us-gaap	Capital Lease Obligations Noncurrent CapitalLeaseObligationsNoncurrent	9540000	USD
CY2012Q4	us-gaap	Business Acquisition Contingent Consideration At Fair Value Noncurrent BusinessAcquisitionContingentConsiderationAtFairValueNoncurrent	5100000	USD
CY2012Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	2494000	USD
CY2012Q4	us-gaap	Preferred Stock Value PreferredStockValue		USD
CY2013Q1	us-gaap	Preferred Stock Value PreferredStockValue		USD
CY2012Q4	us-gaap	Common Stock Value CommonStockValue	4000	USD
CY2012Q4	us-gaap	Treasury Stock Value TreasuryStockValue	67918000	USD
CY2012Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	344469000	USD
CY2012Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-365000	USD
CY2012Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	98467000	USD
CY2013Q1	us-gaap	Stockholders Equity StockholdersEquity	384447000	USD
CY2012Q4	us-gaap	Stockholders Equity StockholdersEquity	374657000	USD
CY2013Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	467300000	USD
CY2012Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	466662000	USD
CY2013Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	664000	USD
CY2012Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	258000	USD
CY2013Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2012Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2013Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2012Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2013Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2013Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2012Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2012Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2013Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2012Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2013Q1	us-gaap	Treasury Stock Value TreasuryStockValue	67487000	USD
CY2013Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2012Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2012Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	42533000	shares
CY2012Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	38674000	shares
CY2013Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	43396000	shares
CY2013Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	39572000	shares
CY2012Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	3859000	shares
CY2013Q1	us-gaap	Treasury Stock Shares TreasuryStockShares	3824000	shares
CY2012Q1	us-gaap	Revenues Revenues	64560000	USD
CY2012Q1	us-gaap	Cost Of Services CostOfServices	28621000	USD
CY2012Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	12876000	USD
CY2012Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	10390000	USD
CY2012Q1	sncr	Business Combination Contingent Consideration Arrangements Change In Fair Value Of Contingent Consideration Liability BusinessCombinationContingentConsiderationArrangementsChangeInFairValueOfContingentConsiderationLiability	780000	USD
CY2013Q1	us-gaap	Restructuring Charges RestructuringCharges	5172000	USD
CY2012Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	5171000	USD
CY2013Q1	us-gaap	Costs And Expenses CostsAndExpenses	78075000	USD
CY2012Q1	us-gaap	Costs And Expenses CostsAndExpenses	56278000	USD
CY2013Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	201000	USD
CY2012Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	8282000	USD
CY2012Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	398000	USD
CY2012Q1	us-gaap	Interest Expense InterestExpense	239000	USD
CY2013Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-203000	USD
CY2012Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	8455000	USD
CY2012Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2972000	USD
CY2013Q1	us-gaap	Net Income Loss NetIncomeLoss	476000	USD
CY2012Q1	us-gaap	Net Income Loss NetIncomeLoss	5483000	USD
CY2012Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.14
CY2012Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.14
CY2012Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	38099000	shares
CY2012Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	39258000	shares
CY2012Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	5751000	USD
CY2012Q1	sncr	Depreciation Depletion And Amortization Excluding Bond Premiums DepreciationDepletionAndAmortizationExcludingBondPremiums	5171000	USD
CY2012Q1	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	332000	USD
CY2012Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	1995000	USD
CY2012Q1	sncr	Leased Facility Accrued Noncash Interest LeasedFacilityAccruedNoncashInterest	230000	USD
CY2012Q1	us-gaap	Share Based Compensation ShareBasedCompensation	5211000	USD
CY2012Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	1314000	USD
CY2012Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-2361000	USD
CY2012Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	131000	USD
CY2012Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-2422000	USD
CY2012Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-6928000	USD
CY2012Q1	sncr	Increase Decrease In Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration IncreaseDecreaseInBusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsideration	-3307000	USD
CY2012Q1	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	269000	USD
CY2012Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	124000	USD
CY2012Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	89000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	15234000	USD
CY2012Q1	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	6625000	USD
CY2012Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	4873000	USD
CY2012Q1	us-gaap	Payments To Acquire Available For Sale Securities PaymentsToAcquireAvailableForSaleSecurities	2729000	USD
CY2012Q1	us-gaap	Proceeds From Sale And Maturity Of Available For Sale Securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities	3482000	USD
CY2012Q1	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	14000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-6186000	USD
CY2012Q1	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-4134000	USD
CY2012Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	3564000	USD
CY2012Q1	sncr	Payments On Contingent Consideration PaymentsOnContingentConsideration	575000	USD
CY2012Q1	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	269000	USD
CY2013Q1	us-gaap	Proceeds From Sale Of Treasury Stock ProceedsFromSaleOfTreasuryStock	670000	USD
CY2012Q1	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	224000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	6122000	USD
CY2012Q1	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	3034000	USD
CY2012Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations	143000	USD
CY2012Q1	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	5668000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	15088000	USD
CY2012Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	192000	USD
CY2011Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	69430000	USD
CY2012Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	75098000	USD
CY2013Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	51116000	USD
CY2013Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1841000	shares
CY2012Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1171000	shares
CY2013Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	476000	USD
CY2012Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	5483000	USD
CY2012Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	1159000	shares
CY2013Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	39089000	shares
CY2013Q1	us-gaap	Goodwill Goodwill	126106000	USD
CY2013Q1	dei	Entity Registrant Name EntityRegistrantName	SYNCHRONOSS TECHNOLOGIES INC
CY2013Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001131554
CY2013Q1	dei	Document Type DocumentType	10-Q
CY2013Q1	dei	Document Period End Date DocumentPeriodEndDate	2013-03-31
CY2013Q1	dei	Amendment Flag AmendmentFlag	false
CY2013Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2013Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2013Q1	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2013Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	39628323	shares
CY2013Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2013
CY2013Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2013Q1	us-gaap	Nature Of Operations NatureOfOperations	<div style="font-size:10.0pt;font-family:Times New Roman;"> <p style="MARGIN: 0in 0in 0pt;"><b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;" size="2">1. Description of Business</font></b></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 13.7pt;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;" size="2">Synchronoss Technologies, Inc. (the “Company” or “Synchronoss”) is a mobile innovation company that provides software-based activation and personal cloud solutions for connected devices across the globe.  Such solutions include device and service procurement, provisioning, activation, support, intelligent connectivity management and content synchronization, back-up and sharing that enable communications service providers (CSPs), cable operators/multi-services operators (MSOs), original equipment manufacturers (OEMs) with embedded connectivity (e.g. smartphones, laptops, tablets and mobile Internet devices, among others), e-Tailers/retailers and other customers to accelerate and monetize their go-to-market strategies for connected devices. This includes automating subscriber activation, order management, upgrades, service provisioning and connectivity and content management from any channel (e.g., e-commerce, telesales, enterprise, indirect and other retail outlets, etc.) to any communication service (e.g., wireless (3G, (EV-DO and HSPA), 4G, (LTE and WiMAX)), Wi-Fi, high speed access, local access, IPTV, cable, satellite TV, etc.) across any connected device type and content transfer, synchronize and share. The Company’s solutions touch all aspects of connected devices on the mobile Internet.</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 13.7pt;"> </p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 13.7pt;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;" size="2">The Company’s Activation Services and Personal Cloud platforms provide end-to-end seamless integration between customer-facing channels/applications, communication services, or devices and “back-office” infrastructure-related systems and processes. The Company’s customers rely on its solutions and technology to automate the process of activation and content management for their customers’ devices while delivering additional communication services. The Company’s platforms also support automated customer care processes through use of highly accurate and effective speech processing technology and enable the Company’s customers to offer their subscribers the ability to store in the Cloud their personal content and data which resides on their connected mobile devices, such as personal computers, smartphones and tablets.  The Company’s platforms are designed to be carrier-grade, high availability, flexible and scalable to enable multiple converged communication services to be managed across multiple distribution channels, including e-commerce, m-commerce, telesales, customer stores, indirect and other retail outlets, etc., allowing it to meet the rapidly changing and converging services and connected devices offered by its customers. The Company enables its customers to acquire, retain and service subscribers quickly, reliably and cost-effectively by enabling back-up, synchronization and sharing of subscriber content.  Through the use of the Company’s platforms, its customers can simplify the processes associated with managing the customer experience for procuring, activating, connecting, synchronizing and social media sharing connected devices and services.  The extensibility, scalability and relevance of the Company’s platforms enable new revenue streams and retention opportunities for its customers through new subscriber acquisitions, sale of new devices, accessories and new value-added service offerings in the Cloud, while optimizing their cost of operations and enhancing customer experience.</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 13.7pt;"> </p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 13.7pt;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;" size="2">The Company currently operates in and markets its solutions and services directly through its sales organizations in North America, Europe and Asia-Pacific.</font></p> </div>
CY2012Q4	us-gaap	Available For Sale Securities Current AvailableForSaleSecuritiesCurrent	20188000	USD
CY2012Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	74980000	USD
CY2012Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	24012000	USD
CY2012Q4	us-gaap	Deferred Tax Assets Liabilities Net Current DeferredTaxAssetsLiabilitiesNetCurrent	4114000	USD
CY2012Q4	us-gaap	Assets Current AssetsCurrent	159322000	USD
CY2012Q4	us-gaap	Available For Sale Securities Noncurrent AvailableForSaleSecuritiesNoncurrent	653000	USD
CY2012Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	58162000	USD
CY2012Q4	us-gaap	Goodwill Goodwill	127322000	USD
CY2012Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	110760000	USD
CY2012Q4	us-gaap	Deferred Tax Assets Liabilities Net Noncurrent DeferredTaxAssetsLiabilitiesNetNoncurrent	6961000	USD
CY2012Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	3482000	USD
CY2012Q4	us-gaap	Assets Assets	466662000	USD
CY2012Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	8980000	USD
CY2012Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	41658000	USD
CY2012Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	20954000	USD
CY2012Q4	us-gaap	Business Acquisition Contingent Consideration At Fair Value Current BusinessAcquisitionContingentConsiderationAtFairValueCurrent	3279000	USD
CY2012Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	36028000	USD
CY2013Q1	us-gaap	Revenues Revenues	78276000	USD
CY2013Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.01
CY2013Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.01
CY2013Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	38121000	shares
CY2013Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-2001000	USD
CY2013Q1	us-gaap	Restructuring And Related Cost Number Of Positions Eliminated Period Percent RestructuringAndRelatedCostNumberOfPositionsEliminatedPeriodPercent	0.10	pure
CY2013Q1	us-gaap	Severance Costs SeveranceCosts	4600000	USD
CY2013Q1	us-gaap	Other Restructuring Costs OtherRestructuringCosts	555000	USD
CY2013Q1	us-gaap	Restructuring Reserve RestructuringReserve	2126000	USD
CY2013Q1	us-gaap	Restructuring Reserve Settled Without Cash RestructuringReserveSettledWithoutCash	3046000	USD
CY2013Q1	us-gaap	Fair Value Assets Level1 To Level2 Transfers Amount FairValueAssetsLevel1ToLevel2TransfersAmount	0	USD
CY2013Q1	us-gaap	Fair Value Assets Level2 To Level1 Transfers Amount FairValueAssetsLevel2ToLevel1TransfersAmount	0	USD
CY2013Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	968000	shares
CY2013Q1	us-gaap	Available For Sale Securities Current AvailableForSaleSecuritiesCurrent	15392000	USD
CY2013Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	69461000	USD
CY2013Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	19883000	USD
CY2013Q1	us-gaap	Deferred Tax Assets Liabilities Net Current DeferredTaxAssetsLiabilitiesNetCurrent	4127000	USD
CY2013Q1	us-gaap	Assets Current AssetsCurrent	159979000	USD
CY2013Q1	us-gaap	Available For Sale Securities Noncurrent AvailableForSaleSecuritiesNoncurrent	583000	USD
CY2013Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	64023000	USD
CY2013Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	105902000	USD
CY2013Q1	us-gaap	Deferred Tax Assets Liabilities Net Noncurrent DeferredTaxAssetsLiabilitiesNetNoncurrent	7009000	USD
CY2013Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	3698000	USD
CY2013Q1	us-gaap	Assets Assets	467300000	USD
CY2013Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	6342000	USD
CY2013Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	30653000	USD
CY2013Q1	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	24280000	USD
CY2013Q1	us-gaap	Business Acquisition Contingent Consideration At Fair Value Current BusinessAcquisitionContingentConsiderationAtFairValueCurrent	8619000	USD
CY2013Q1	us-gaap	Common Stock Value CommonStockValue	4000	USD
CY2013Q1	us-gaap	Capital Lease Obligations Noncurrent CapitalLeaseObligationsNoncurrent	9259000	USD
CY2013Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	3700000	USD
CY2013Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	355829000	USD
CY2013Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-2842000	USD
CY2013Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	98943000	USD
CY2013Q1	us-gaap	Cost Of Services CostOfServices	32131000	USD
CY2013Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	16718000	USD
CY2013Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	14652000	USD
CY2013Q1	sncr	Business Combination Contingent Consideration Arrangements Change In Fair Value Of Contingent Consideration Liability BusinessCombinationContingentConsiderationArrangementsChangeInFairValueOfContingentConsiderationLiability	-433000	USD
CY2013Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	8969000	USD
CY2013Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	86000	USD
CY2013Q1	us-gaap	Interest Expense InterestExpense	232000	USD
CY2013Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-679000	USD
CY2013Q1	sncr	Depreciation Depletion And Amortization Excluding Bond Premiums DepreciationDepletionAndAmortizationExcludingBondPremiums	8969000	USD
CY2013Q1	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	86000	USD
CY2013Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-118000	USD
CY2013Q1	sncr	Leased Facility Accrued Noncash Interest LeasedFacilityAccruedNoncashInterest	229000	USD
CY2013Q1	us-gaap	Share Based Compensation ShareBasedCompensation	4910000	USD
CY2013Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-5519000	USD
CY2013Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	1247000	USD
CY2013Q1	us-gaap	Proceeds From Sale And Maturity Of Available For Sale Securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities	4791000	USD
CY2013Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-4499000	USD
CY2013Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	384000	USD
CY2013Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-2639000	USD
CY2013Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-11126000	USD
CY2013Q1	sncr	Increase Decrease In Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration IncreaseDecreaseInBusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsideration	241000	USD
CY2013Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	3325000	USD
CY2013Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	10964000	USD
CY2013Q1	us-gaap	Payments To Acquire Available For Sale Securities PaymentsToAcquireAvailableForSaleSecurities	13000	USD
CY2013Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	6212000	USD
CY2013Q1	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	760000	USD
CY2013Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	337000	USD
CY2013Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations	-82000	USD
CY2013Q1	us-gaap	Goodwill Period Increase Decrease GoodwillPeriodIncreaseDecrease	-67000	USD
CY2012Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.352	pure
CY2013Q1	sncr	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	-2477000	USD
CY2013Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-2477000	USD

Files In Submission

Name	View Source	Status
0001104659-13-037153-index-headers.html	Edgar Link	pending
0001104659-13-037153-index.html	Edgar Link	pending
0001104659-13-037153.txt	Edgar Link	pending
0001104659-13-037153-xbrl.zip	Edgar Link	pending
a13-8365_110q.htm	Edgar Link	pending
a13-8365_1ex31d1.htm	Edgar Link	pending
a13-8365_1ex31d2.htm	Edgar Link	pending
a13-8365_1ex32d1.htm	Edgar Link	pending
a13-8365_1ex32d2.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
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R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
sncr-20130331.xml	Edgar Link	completed
sncr-20130331.xsd	Edgar Link	pending
sncr-20130331_cal.xml	Edgar Link	unprocessable
sncr-20130331_def.xml	Edgar Link	unprocessable
sncr-20130331_lab.xml	Edgar Link	unprocessable
sncr-20130331_pre.xml	Edgar Link	unprocessable

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$SNCR
SYNCHRONOSS TECHNOLOGIES INC Stock $sncr

2013 Q1 Form 10-Q Financial Statement

#000110465913037153 Filed on May 03, 2013

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SNCR SYNCHRONOSS TECHNOLOGIES INC Stock $sncr

2013 Q1 Form 10-Q Financial Statement

#000110465913037153 Filed on May 03, 2013

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SNCR
SYNCHRONOSS TECHNOLOGIES INC Stock $sncr